Business News

NRS crypto rules could lead to multiple taxes — PwC

By Abubakar Yunus The PricewaterhouseCoopers (PwC) said the Nigeria Revenue Service (NRS) guidelines on virtual assets could subject cryptocurrency transactions to multiple taxes, including income...

N40bn default: Agusto & Co withdraws Geregu power’s ‘A-’ rating

By Abubakar Yunusa   Agusto & Co., a pan-African rating agency, has withdrawn the ‘A-‘ credit rating assigned to Geregu Power and its N40.09 billion...

NUPRC plans domestic crude, gas swap arrangement

By Abubakar Yunusa The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) said it is consulting stakeholders in the industry on the introduction of a domestic crude...

Anti-corruption measures paying off — Customs says

Mariam Abeeb The National Public Relations Officer of the Nigeria Customs Service (NCS), Deputy Comptroller of Customs Abdullahi Maiwada, has reaffirmed the Service’s...

SMEDAN launches programme to support 100k young entrepreneurs with funding, mentorship

The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has launched a programme targeting more than 100,000 young Nigerians annually with entrepreneurship support. The...

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